510 Mesilla Street SE #1-4, Albuquerque, NM 87108

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 $430,000

  • 2 BedroomBedrooms
  • 1 BathroomBathrooms
  • 4,284 Sq.Ft.
  • Multi-Family
  • Active
  • MLS# 1109913
  • Sold On
  • Rental
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Source MLS Verified

PROPERTY DESCRIPTION

Great opportunity for an investor looking to add a four-unit property to their portfolio. This multifamily property features four 2-bedroom, 1-bath units, each offering a practical floor plan and its own private patio.Each unit has one designated parking space, while the property also offers the convenience of private outdoor space for residents. Heating is provided by wall-unit heaters, with swamp coolers located on the roof for cooling. The property does not currently offer on-site laundry.The roof has been recently serviced, although its exact age is unknown. The units have not had recent updates, providing an investor with the opportunity to improve and modernize the property while potentially increasing rents and long-term value.A solid opportunity for an investor seeking a multifamily property with four separate income-producing units and potential upside through future improvements.Pet deposit:$250 pet fee non-refundable$30 pet monthly pet rentRent amounts:-Unit A&D $960-Unit B $979 & starting 9/1 $1009-Unit C $979 plus pet rent $25Late fee:5% of rentRoofing proposal (work is completed, proposal attached):$6,075

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Property Details

General

  • Subdivision: Mann Add
  • County: Bernalillo
  • Acreage: 0.16
  • Beds: 2
  • Year Built: 1960
  • Sq. Ft.: 4,284
  • Lot Dimensions: Public Records

Interior Features

  • Interior Features: Ceiling Fan(s)

Financial Considerations

  • Tax Amount: $4,409

Activity

  • Days On Market: 97
  • List Date: 07/22/2026
 

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